3-5 Elgin Street, Maitland NSW 2320

Auction Date: March 19, 2025

Fully leased investment with quality tenants, modern features and fitouts

Auction Location: 10 Newcomen Street, Newcastle NSW 2300

Auction Wednesday 19 March 2025 at 11am (in-room and online)

3-5 Elgin Street presents a unique investment opportunity in the heart of Maitland's CBD, offering a secure income stream from a well-diversified mix of tenants, including a registered training organisation, mental health services, and NDIS operators. With a net annual return of $165,222.26 + GST, the property offers strong stability while situated in a great location that ensures excellent visibility and access. The multi-tenanted nature, combined with the property's modern features, including a fully refurbished lift and private tenant amenities, makes it a highly attractive prospect for long-term growth and potential for future leasing.

Key features include:

- Multi-tenanted investment with four tenants
- Generating $165,122.26* net per annum plus GST
- Fully refurbished lift
- Private kitchen and amenities for each tenancy
- Prominent street presence with signage opportunities
- Close proximity to Elgin Street car park, shops, and essential services
- Excellent public transport access, including bus stops and train station nearby
- Strategic location with strong visibility and foot traffic

*Approximately